Why Millions of Americans Still Live Paycheck-to-Paycheck

Why Millions of Americans Still Live Paycheck-to-Paycheck
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Every week, hosts Dan Moss and Scott Lanman bring you a jargon-free dive into the stories that drive the global economy.

Millions of middle-class Americans face an unexpected reality in today's era of economic growth: their paychecks vary so much that paying bills and saving for the future is exhausting and challenging month after month. This week on Benchmark, Dan and Scott speak with Jonathan Morduch and Rachel Schneider, whose book, "The Financial Diaries," vividly illustrates the financial struggles of more than 200 U.S. families. 

https://soundcloud.com/bloomberg-business/why-millions-of-americans-still-live-paycheck-to-paycheck

 

To contact the authors of this story: Scott Lanman in Washington at slanman@bloomberg.net, Daniel Moss in New York at dmoss@bloomberg.net.

To contact the editor responsible for this story: Sara Patterson at spatterson33@bloomberg.net.

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